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Scout Gaming Group

Scout Gaming shares soar on ATG deal in Sweden

Stockholm-listed daily fantasy sports provider Scout Gaming has entered Sweden’s regulated iGaming market for the first time through an agreement with Sweden’s AB Trav & Galopp (ATG).

Scout Gaming will soft launch its offering on ATG.se during the second quarter of 2021, followed by a wider marketing push in the third [...]

2 mins read

Record iGaming performance drives Pennsylvania growth in January

Pennsylvania’s regulated betting and gaming market recorded a 3 per cent increase in total revenue to $311.1m in January, boosted by another record performance from iGaming during the month.

With the land-based sector continuing to be impacted by various COVID-19 restrictions, retail slots revenue fell by 26 per cent year-on-year to [...]

1 min read

Greentube enters eSports with Byte Heroes acquisition

Novomatic Interactive division Greentube is entering the esports and blockchain space with the acquisition of Austria-based Byte Heroes.

The company operates the Herosphere fantasy esports website, where players can compete using the HeroCoin virtual token.

“At Greentube, we aim to hold a leading position when it comes to adopting new trends and [...]

2 mins read

Google set to accept online gambling apps in 19 countries

Google will soon allow real-money gambling apps into its Google Play app store in an additional 15 countries.

Google’s policies currently allow online gambling apps in just four countries, Brazil, France, Ireland and the United Kingdom.

This will change on March 1, when real-money gambling apps, fantasy sports apps, and ads related [...]

1 min read

DraftKings signs Charlotte Hornets fantasy sports partnership

New York-listed DraftKings has been named as the exclusive official daily fantasy sports partner of the NBA’s Charlotte Hornets.

The multi-year agreement increases DraftKings’ presence in North Carolina and provides the operator with access to Hornets trademarks and logos, as well as advertising on LED signage courtside, on the basket stanchion [...]

2 mins read

Caesars enters fantasy sports market with SuperDraft investment

Caesars Entertainment is strengthening its online offering through a strategic investment in daily fantasy sports provider SuperDraft.

The minority stake gives Caesars access to sports fans in 37 US states and across Canada, and includes the option for Caesars to increase its stake to 100 per cent over time.

The investment will [...]

1 min read

Bally’s expands into fantasy sports with Monkey Knife Fight acquisition

New York-listed casino operator Bally's Corporation has entered into a definitive agreement to acquire US fantasy sports operator Monkey Knife Fight (MKF) in an all-stock deal worth up to $40m.

MKF will receive immediately exercisable penny warrants to purchase up to $50m in Bally's common shares at closing, and contingent penny [...]

1 min read

Pennsylvania gaming market shrinks 22% to $2.65bn in 2020

Pennsylvania’s regulated betting and gaming market saw total revenue decline by 22 per cent to $2.65bn in 2020, as the negative effects of COVID-19 offset strong performances from newer gambling initiatives such as sports betting and iGaming.

Due to the pandemic, casino closure days totalled 1,473 in 2020, or 33 per [...]

1 min read

Kentucky online poker and sports betting bill reintroduced

Kentucky Representative Adam Koenig has once again introduced legislation to legalise and regulate sports betting, fantasy sports and online poker.

The bill introduced on January 9 marks the third attempt to regulate the activities after similar bills failed to pass in 2019 and 2020.

As with last year’s bill, Koenig’s proposal would [...]

1 min read

Gaming shares prove resilient in 2020

In a year of unprecedented turmoil and uncertainty, the gambling industry provided a boon to shareholders as the 50 publicly-listed operators and suppliers which make up the Gaming Intelligence Stock Index saw their combined share prices increase by more than 61 per cent.

While it was a tumultuous start to the [...]

1 min read

FanDuel agrees exclusive partnership with NBA legend Charles Barkley

Flutter Entertainment-owned FanDuel Group has secured an exclusive multi-year partnership with basketball Hall of Famer Charles Barkley.

The new partnership designates FanDuel as Barkley’s exclusive sports betting and daily fantasy sports partner, with Barkley also serving as the operator’s brand ambassador and spokesperson.

This will see him appear in FanDuel advertising and [...]

3 mins read

Pennsylvania iGaming revenue soars to new high in November

Pennsylvania’s regulated betting and gaming market recorded a 3 per cent drop in total revenue to $284.3m in November, despite another record performance from iGaming during the month.

Total gambling revenue continued to be impacted by declines within the land-based sector, where slot machine revenue fell 32 per cent year-on-year to [...]

1 min read
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